If the 3Speak video doesn't work, you can check it on LBRY
6 days ago the Liotes project launched and we would like to present you what we have done so far from a financial perspective.
All the proceeds from LENM sales are sent to the account @liotes.fund where they are powered up and leased out to several projects. We try to maximize the interest that we get from these delegations because they are the main income source for the project.
25% of this income is used to grow the Liotes fund. 25% is used for the buy back program and the remaining 50% is used to grow the secondary income streams. At the moment we concentrate our efforts in increasing our LEO power but we try to make all these income sources grow at the same time.
Project Liotes is on track
What we can say after less than a week is that we are on track and things are working as planned :-).
Future developments
Our principal focus at the moment is to make sure that the financial basis is built correctly to guarantee a maximal return. Once we are happy with how things go, we will present you our next projects. We have quite a lot in store ;-)
End of launch sale in 4 days
Don't forget that the launch sale will only last until the 19th of march. After this date, LENM tokens will be sold at the price of 5 Hive by us.
Liotes
A project run by @ph1102 and @achim03
Resources
▶️ 3Speak
Looks like the project is going well. The interest and the tokens are also increasing at a steady amount. How many LEN would an average person get per year with 1 miner? I got 2 staked but the competition is tough so I haven't gotten any yet.
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I will copy here the response by Achim at the similar question in our Discord (but it was mentioned in the posts before here also)
I hope that it answers your question! Thanks for taking part!
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Actually, you were pretty close... The more exact number is around 9.2 LEN tokens per year with 1 staked LENM... At the moment, if nobody else would stake any...
Thanks for your interesting explanation :) Appreciate it!
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Great one Achim ^^
I think we should a bit hurry up to grab LENM for 4 Hive 😅 Thanks for the update dear 😌
You are welcome... We will try to do these reports regularly and keep the project transparent as much possible...
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Good growth in less than a week. Let's keep moving.
Thank you, sir! Will try to do every next week better than the previous one!
Have a great week!
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Glad to know that it's going good as planned.
Yes, it is indeed! Every day adding another brick in the wall! :)
Thanks for the support!
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Sucha good thing to know that everything is on track! I am really excited about the upcoming project news. Wanna put those LEN to work :)
!invest_vote
Thanks for the support! You are right that it's the most important that everything is going as it suppose to go...
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What happens with earnings from posts such as this? Do they get invested into the program as well and if so at what rate 100%?
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The post rewards of this project are used as follows: 10% goes into admin, 10% are reinvested into the fund and 80% goes into a Liotes subproject that we will disclose in the coming days which will support the people in the Liotes community ;-).
Damn only 4 days left? I really need more Hive fast :D
Great numbers, keep it up guys!
Thank you for your support! It means a lot for us!
And, yeah... We said at the beginning or first 5K $LENM or until 19th March... ;)
Cheers!
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Evidently 3Speak is having issues again, because I am unable to watch the video.
I'm pretty sure that most of the people that have invested in the @liotes project are expecting to be in it for the long haul. We are just waiting to see how things accumulate and what the next steps will be.
Posted Using LeoFinance Beta
Yeah, 3SPeak is having issues again... :( We have edited the post and added direct link to the video on LBRY, so you can check it there... Actually, in this video Achim was talking right about the steps that we have already took, and we will push some other stuff in the the next weeks... ;)
Thanks for the comment and headsup for 3Speak issues...
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You guys are doing a great job!
There are things that are worth the waiting and this is the case!
No rush, we are going with the wind ;)
I see what you did there... :) There are some impatient people, but we are focused to the long-term... And we will get there... ;)
Thanks for your support!
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Very awesome report! @liotes is doing awesome & seems to be heading in a great direction... I like how you are setting up the financial side of things, too. I would rather be patient & invest for long-term rewards than just quick "flash in the pan" type of payouts.
Yes, less is more as they say. When you give out only necessary info, but leave people wanting more, that is much better! :) I don't doubt you & @ph1102 will always have plenty to say, though he he...
Keep up the awesome work, guys! Love working with you to make this more & more of a reality. :) 🧡✨🧚🏼♀️
!WINE
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It is a bit boring from the other perspective, but we are busier than ever in the background... lol... It will get better as time is passing by...
Thanks for the support, Jenn! Always appreciated!
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Congratulations, @pixiepost You Successfully Shared 0.100 WINE With @liotes.
You Earned 0.100 WINE As Curation Reward.
You Utilized 1/2 Successful Calls.
Total Purchase : 24376.125 WINE & Last Price : 0.290 HIVE
HURRY UP & GET YOUR SPOT IN WINE INITIAL TOKEN OFFERING -ITO-
WINE Current Market Price : 0.271 HIVE
Things are looking good, glad to be a part of this project and interested to see how it develops over the next few months.
It will be an interesting ride, that's for sure! We are only 1 week old, and we have a lot more to go...
Thanks for taking part!
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